Clipper Logistics executive chairman Steve Parkin has bid deadline to take company private extended


 

Steve Parkin, executive chairman of Clipper Logistics, has been granted an extension to his deadline to take the company private. Parkin, who founded the company in 1992 and owns nearly a third of its shares, is understood to be preparing a £300m bid with Florida-based Sun Capital Partners. He now has until 5pm on 15 January 2020 to announce a firm intention to make an offer for the retail logistics company or withdraw. “There’s a lot of assets and information […]